Digitizing sponsorLife Magazine / U.S. Treasury Department
Convinces Americans of the strength of their economy and urges them to support their government and help pay off the national deby by purchasing U.S. Savings Bonds. Animation: Pelican Films. Original Story and Narration: John R. (?). Special Effects: Vicoart Inc. Music: Robert Velase(?). Creative Guidance: Martin E. Miller of the U.S. Treasury Department.
This film assures us, the American viewer, that we have confidence in the economy and that "the nation's nest egg is growing" to 235 billion dollars in savings. Even though the postwar economy is helping the individual to save money, the national debt totals 275 billion dollars which can be paid off in the most stable manner by the government borrowing from individuals. This film speaks confidently to Americans, assuming and convincing the viewer that they have faith in the American economy, and urging them to purchase U.S. Savings Bonds.
A construction crane lifts up scoops of dirt
Close-up of machinery lifting earth
Close-up of savings bonds
A train, an airplane
Miners march towards the camera
A workman checks his paycheck
A little girl jumps into the arms of a man
An child's outdoor birthday party
Close-up of two children at the table eating with party hats on
Close-up of hands flipping through a housing magazine
Close-up of shoes in a window display
Close-up of headline, "PEACE"
A billboard sign being assembled
City streets with traffic and pedestrians
A man's hands hold a pamphlet out to read
A worker in a machine shop
Close-up of a man's wallet used as a background to display small family photos
A city skyline with blue skies
Aerial shot of ships
A man walks out his front door looking at his mail
People in formalwear walk down a front walk to a sidewalk
An adult and child ice skating
Pan up a white church to the top of its steeple
Birthday parties Children U.S. Savings Bonds Money investment finances
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November 16, 2012 Subject:
No Argument Here
180 degrees from the present day mantra: spend it even if you dont have it! China needs the business and we can always print more money. And if you save it, we'll take it away from ya.
July 10, 2004 Subject:
No Ma and Pa Kettle Here, I'm Afraid
The egg of the title is a nest egg of U.S. Savings bonds. This film tries to attribute the postwar prosperity of the 50s entirely to the Savings Bond program, which is laughable, to say the least. Beyond that, though, this film is a great snapshot of 50s attitudes towards its own time. Postwar prosperity is presented as a natural outgrowth of the American way of life (read: capitalism) and the optimistic idea that it will never end is not questioned. This seems particularly naïve when they talk about inflation. For all that, its not very campy, really, but it does give you a good look at the 50s mindset. And it has lots of that 50s cute-style animation, too.
Ratings: Camp/Humor Value: **. Weirdness: **. Historical Interest: *****. Overall Rating: ***.
February 16, 2004 Subject:
Keeping Bank Ownership of America In Line
Promotes US Savings Bonds as an ultra patriotic and wise financial investment. Tries to illustrate it's point with simplistic animation to explain how the government finances its debt, and that increasing government debt means greater control of America by banks unless people buy Savings Bonds. Explains that Savings Bonds are just a continuation of WWII War Bonds, that is, buying bonds makes America more secure by financing the military, an indispensible condition for prosperity. The president of Burroughs orates (poorly) on how buying bonds helps make America strong so his company can compete in the marketplace, and how the payroll savings plan helps employees too. A Burroughs worker then reads (VERY poorly) the cue cards while explaining how savings bonds helped him buy a house and a new heating system for it. And his kids... "it won't be long before they're goin' to college age". Seems, at the end, to be promoting the all-white Christian America loved by white Christian Americans.
If you love America, buy Bonds, or
If distrust the big banks, buy Bonds, or
If you support the military, buy Bonds, or
If you believe in free enterprise, buy Bonds, or
If you care about your employees, help them buy Bonds, or
If you care about your children, buy Bonds, or
If you want America white and Christian, buy Bonds.
How could anyone argue with that?
April 30, 2003 Subject:
This blithering short about how IMPORTANT it is to get a nest egg NOW and use SAVINGS BONDS to do it, just doesn't know when to let up. Although it has some great images of America at Work, rest and play, and some strangely great primitive animation, the film hardly held my interest.